@padiyaraa - Hello, so in case, just assuming that Nifty opens with a huge gap up tomorrow, would you suggest going short considering the weekly resistance would come around 9096? OR am I interpreting things wrongly here.

@SaurabhMehra, Cannot measure the extend of a euphoric market movement.
Your expectation is right, when we are on top of a wave v, but it is not safe to trade against the trend.
so be watchful for a reversal to take short positions is the best way in trading.

@padiyaraa, hmm.. right. I was also thinking that whenever there is huge gap, does the market "generally" not try to fill the gap sooner ot later...?
I get the point that ideally we should wait for the reversal but I am asking from standard Gap theory viewpoint. what's the general theory, do you know?